chazd

Technically we are still ranging. Bullish Div, I'm long

chazd Updated   
BITFINEX:BTCUSD   Bitcoin
Two massive red volume candles we see are both declining in height and represent a strong rejection of the break attempt below support. That support level was established Q4 of last year's bull run, btw. It is still showing strength, and the RSI/declining sell volume w a lower low gives me belief we still hold, and continue ranging. I'll go short if we break below $9K though.
Comment:
update - i was wrong.

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